Index Governance Analyst

Venture outside the ordinary with TMX, a group of leading global exchanges including the Toronto Stock Exchange and Montreal Exchange. We connect cross-functionally across industries and geographies, driving opportunity into action and advancing global economic growth. This role offers an exceptional entry-level opportunity to gain deep exposure to index product development, quantitative regulatory compliance, and benchmark operations.

About the role

The Index Governance Analyst is essential to the day-to-day administration of VettaFi’s benchmark control framework. Operating across our $87 billion global index suite (covering equity, factor, thematic, and fixed-income assets), this role focuses on maintaining our extensive library of policies and methodologies, tracking compliance attestations, and ensuring all governance activities are impeccably documented for audit trails.

Responsibilities

• Governance Administration: Manage the central repository of VettaFi’s governance documents, ensuring version control and annual review tracking of Index Governance policies.
• Client Engagement & Support: Assist in client due diligence processes by managing information requests, clarifying index methodology details, and ensuring timely responses to inquiries from external stakeholders.
• Operational Index Review: Participate in and provide operational support for formal index reviews to verify that indexes continue to meet their original design and market representation.
• Methodology Development & Maintenance: Support the drafting and creation of new index methodologies and coordinate the formal publishing and maintenance of all public-facing methodology documents on the corporate website.
• Compliance & Regulatory Reporting: Assist in ensuring compliance with IOSCO and benchmark reporting requirements. Act as a point of contact for internal/external stakeholders, including assisting the Head of Index Governance in preparing documentation and responses for regulatory inquiries (e.g., SEC).
• Administrative Oversight: Manage the collection, logging, and tracking of annual employee training, compliance attestations regarding personal trading, and conflict disclosures.
• Operational Strategy: Partner with our internal technology provider to assist the Head of Index Governance in the annual review of operational requirements.

Requirements

• Education: Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related field. Communications degree is acceptable with corresponding financial market coursework or experience.
• Relevant Experience: 1–2 years of experience (or a recent graduate with relevant internships) in financial indexing, structured products, portfolio analysis, or research.
• Analytical Skills: Ability to identify issues, analyze data, synthesize information, and provide actionable recommendations.
• Growth Mindset: A curiosity and commitment to continuous learning, with a strong desire to develop expertise in index construction, financial benchmarks, and evolving global regulatory frameworks.
• Documentation Proficiency: Expertise in writing clear, concise reports that convey complex information in an understandable manner.
• Organizational Skills: Excellent time management, prioritization, and ability to manage multiple concurrent projects and deadlines.
• Communication Skills: Exceptional written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences. Comfort and confidence in speaking to groups, including both internal teams and external stakeholders or clients, including those unfamiliar with the subject matter.
• Team-Oriented: A highly motivated team player who demonstrates integrity and courage in all endeavors.
• Adaptability: Ability to thrive in a fast-paced, ever-changing environment where priorities may shift based on regulatory updates.

Preferred Qualifications

• Programming Skills: Familiarity with programming languages/tools such as SQL, VBA, Matlab, Python, and other database query tools.
• Industry Knowledge: Understanding of financial indexes, exchange-traded products, and structured products and related global regulations.

Schedule

This role is hybrid, requiring 3 days in the office per week, based in New York City, NY.

Pay

Salary Range: $85,000–$95,000 USD per year. The salary offered may vary based on factors including the successful candidate’s relevant knowledge, skills, and experience.

Benefits

• Excitement: Explore emerging technology and innovation, including ventures and digital finance shaping the future of global markets. Experience market dynamics while grounded in nearly 200 years of stability.
• Connection: Leverage our global presence in multicultural cities to create rich connections and belonging, driving powerful impact through your work.
• Impact: Contribute to mission-critical systems that fuel global economic advancement, innovation, and growth. Participate in employee-led social good initiatives through Team Impact.
• Wellness: Benefit from empathetic leadership, a culture of flexibility and balance, and a cloud-first, hybrid workstyle. Enjoy generous time-off and leaves to support a life well lived.
• Growth: Join a team with a growth mindset, where ambition and achievement are energized by both personal and business expansion.

Applicants must be authorized to work in the country where this position is located, as TMX is not currently sponsoring work permit applications.